NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Kenyan telco giant Safaricom #ticker:SCOM has been ranked the 19th globally on a list rating companies based on how they use profits to help address social challenges.

According to the brief accompanying Fortune Magazine’s ‘Change the World’ list, Safaricom — with an estimated market value of $11,339 million (Sh1.13 trillion) — has used its M-Pesa platform to impact millions of people’s lives.

Photo courtesy of Scott Mainwaring.